TMI Blog2018 (4) TMI 1661X X X X Extracts X X X X X X X X Extracts X X X X ..... u/s 244A on the refund of the excess self assessment tax paid by it. This by following the decision of this Court in Stock Holding Corporation of India Ltd., v/s. N. C. Tewari, Commissioner of Income Tax & Others [2014 (11) TMI 899 - BOMBAY HIGH COURT] - No substantial question of law. Interest u/s 244A allowed on the self assessment tax refunded to the assessee - grievance of the Revenue that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t in Engineering India Ltd. has been set aside by the Apex Court in Engineers India Ltd., v/s. CIT [2017 (7) TMI 873 - SUPREME COURT] - Decided against revenue - INCOME TAX APPEAL NO. 1249 OF 2015 - - - Dated:- 4-4-2018 - M.S.SANKLECHA SANDEEP K. SHINDE, JJ. For the Appellant : Mr. Suresh Kumar For the Respondent : Mr. Subhash Shetty ORDER P.C: This Appeal under Secti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Act? (b) Whether on the facts and in the circumstances of the case, the Tribunal was correct in law, in holding that interest u/s.244 A is to be allowed on the self assessment tax refunded to the assessee ignoring the decision of the Delhi High Court in the case of Engineers India Ltd.,(55 Taxman.com1)? 3 Re. Question (a): (i) We find that the impugned order of the Tribunal has he ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the jurisdictional High Court as held by the Apex Court in East India Commercial v/s. Collector of Customs AIR 1962 (SC) 1893 and this Court in CIT v/s. Thane Electricity Supply Co. Ltd., 206 ITR 727. (iii) Thus, no fault can be found with the impugned order of the Tribunal in allowing the RespondentAssessee's appeal by following the decision of this Court in Stock Holding Corporation ( ..... X X X X Extracts X X X X X X X X Extracts X X X X
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